Q1. Like supermarkets, full-service department stores like Macys are generally in decline. What factors might these types of stores have in common behind their declines? How would you determine which were important and which are not?
Q2. How do firms and individuals determine if it's worth it to
(a) Invest in capital improvements,
(b) Hire additional workers, or
(c) Decide where to work? Briefly explain.